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Results (10,000+)
Mark Walker Earnest Money Question
28 May 2024 | 9 replies
The higher the earnest money the stronger the offer.
Ashley Guerra Help on my game plan
29 May 2024 | 7 replies
FOLLOW THE K.I.S.S method plan (keep it simple and stupid).Find and hire a real estate agent that understands multiple investment strategiesGet pre-approved - see what options you havebased on your pre approved price - identify an area you want to invest in that you can affordLeverage the agent to : bring you properties, assist in pulling comparables (you should know your comparables of the area you are looking in, this is for a second opinion) review and confirm your estimated rental income, assist you with acquiring the property, and have a list of resources you could use; contractors etc.Looks at properties and make offers that work for YOU.Also,Do not pull your IRA money out, leave it there and let it grow - leverage this to meet your lenders reserve requirements.Buy Multi family to holdBuy single family to fix and flip and produce more income to buy more multi families.
Jeff S. Living off rentals
31 May 2024 | 187 replies
After you eliminate all personal debt besides your mortgage & max out retirement accounts & have a healthy savings account, you need to set aside downpayment + reserves to buy 1 house every 2-3 years and allocate a % to equities & private debt offerings as the rest.
John Boby Insurance under Land trust
27 May 2024 | 5 replies
Most agent wants to sell under my personal name and add my LLC name which is the beneficially of my land trust as a additional insured which do not make sense since the property title under the land trust.  
Avani Patel Medium Term Rentals for film industry in Atlanta
28 May 2024 | 4 replies
I had leased to one of the actors who created a service offering especially for movie industry folks and sub leased to the crews working in movie industry.
Ryan Kahle New Construction - Duplex in Findlay, Ohio and Greater Columbus Area
28 May 2024 | 5 replies
The City of Findlay also offers property tax incentives for developing vacant land. 
Nicholas DiSanti Trying to Assume Someone's FHA Loan but NOT planning to live there
28 May 2024 | 7 replies
She doesn't want to list it and sell it traditionally because of fees.She is offering a deal to assume the loan, and it is assumable, but the problem is, it's FHA.
Kadia Lawrence How to calculate 3X income rule for section 8 and Minimum credit score
27 May 2024 | 4 replies
Quote from @Kadia Lawrence: I won't accept new renters with section 8 because HUD delays are ridiculous and result in additional loss of income.
Erica Patterson Structuring a land purchase with owner financing
28 May 2024 | 2 replies
You will need an offer to purchase contract, promissory note, and deed of trust if you are looking to do an owner financed lot.
Christopher Hall Should I switch my Nashville long-term rental to short-term?
28 May 2024 | 5 replies
Hi Christopher, I'm a realtor in the area and I thought I'd run some numbers for you just to get a better picture of the risk/reward of a LTR vs STR.Currently netting $250 a month on the LTRIf you rented it as a STR on a nightly basis for $135 with an expected estimated vacancy of 56% (average for the area) that's a gross income of $21,681 less your mortgage $17,400 and less expenses such as water electric and internet of an estimated $4200 puts your annual net at $81.To make the STR profitable for the additional work you'd have to rent it for more than $135 a night and for more nights than the Nashville average of 44% occupancy.